Viewing Listing MLS# 6770097
$700,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85032
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- 1983Year Built
- 0.00Acres
- 43 yearsEst Age
- MLS# 6770097
- Multifamily
- Multiple Dwellings
- Active
- Approx Time on Market1 year, 8 months, 3 days
- AreaMaricopa
- CountyMaricopa
- Subdivision Mountain Springs Terrace Condominium
Overview
This exclusive property package is perfect for both seasoned investors looking to expand their portfolio and newcomers wanting to start their investment journey. The selection of 5 fully renovated 2 bed (1 bedroom+den) units offers a great opportunity for investors of all levels to enter the real estate market or diversify their existing portfolio. With a strong history of occupancy and the potential to increase rental income, these units provide a stable and reliable income stream. The convenient location and amenities make these units highly desirable for tenants, ensuring a steady flow of rental income for investors. Whether you're just starting out or looking to grow your investment portfolio, this property package offers a smart and lucrative opportunity for investors of all levels.
Agriculture / Farm
Association Fees / Info
Community Features: Barbecue, Manager Res/Office, Pool
Hoa: No
Bathroom Info
Building Info
Construction Materials: Wood Frame, Painted, Stucco
Roof: Built-Up
Exterior Features
Pool Private: Yes
Financial
Owner Pays: Trash Collection,Sewer
Gross Income: 76740
Insurance Expense: 3000
Maintenance Expense: 3000
Garage / Parking
Parking Features: Other, Paved, >1 Space Per Unit, 1 Space/Unit, Carport
Interior Features
Flooring: Vinyl
Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Lot Info
Lot Size: verify
Number of Buildings: 2
Other School Info
Property Info
Road Surface Type: Asphalt
Zoning: R5
Tax Info
Tax Legal Description: LOT 111 MOUNTAIN SPRINGS TERRACE CONDOMINIUM MCR 033448
Tax Amount Annual: 1800
Unit Info
Total Units: 5
Unit: 5 units
Utilities / Hvac
Water Source: City Franchise
Electric: APS
Cooling: Yes
Cool System: Central Air, Ceiling Fan(s), Electric
Heating: Individual, Electric
Heating: Yes
Sewer: Public Sewer
Waterfront / Water
Schools
Elem: Echo Mountain Primary School
Middle: Vista Verde Middle School
High: North Canyon High School
Directions
South on Cave Creek to Michigan Ave. Complex will be on the Right.
Listings courtesy of Coldwell Banker Realty
MLS# 7040399 
